OLSENS ENKE HORTEN AS

3188 HORTEN

Finances

Share Ownership

Return on Equity

29,92 %

Current Ratio

3,14

Debt-to-Equity Ratio

2,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 823 000	20 600 000	21 034 000	15 025 000
Net Income	397 000	2 006 000	1 871 000	13 000
Total Assets	6 424 000	6 708 000	4 915 000	4 367 000
Total Equity	1 327 000	930 000	923 000	552 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 823 000	20 600 000	21 034 000	15 025 000
Expenditure	18 130 000	17 992 000	18 430 000	14 936 000
Operating Profit	694 000	2 608 000	2 605 000	88 000
Financial Income	1 000	0	0	0
Financial Costs	186 000	36 000	206 000	72 000
Financial Balance	−185 000	−36 000	−206 000	−72 000
Earnings Before Tax	509 000	2 572 000	2 399 000	17 000
Tax	112 000	566 000	528 000	4 000
Net Income	397 000	2 006 000	1 871 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	631 000	595 000	742 000	787 000
Total Current Assets	5 792 000	6 113 000	4 173 000	3 580 000
Total Assets	6 424 000	6 708 000	4 915 000	4 367 000
Total Retained Equity	776 000	379 000	372 000	1 000
Total Equity	1 327 000	930 000	923 000	552 000
Total Long-Term Debt	3 250 000	13 000	22 000	1 838 000
Total Current Debt	1 847 000	5 765 000	3 969 000	1 978 000
Total Equity and Debt	6 424 000	6 708 000	4 915 000	4 367 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 801 000	20 585 000	21 029 000	15 021 000
Other Income	23 000	14 000	4 000	4 000
Revenue	18 823 000	20 600 000	21 034 000	15 025 000
Cost of Goods Sold	8 763 000	9 406 000	10 082 000	7 146 000
Salary Costs	4 758 000	4 487 000	4 135 000	3 722 000
Depreciation	177 000	187 000	171 000	111 000
Impairment	0	0	0	0
Expenditure	18 130 000	17 992 000	18 430 000	14 936 000
Operating Profit	694 000	2 608 000	2 605 000	88 000
Financial Income	1 000	0	0	0
Financial Costs	186 000	36 000	206 000	72 000
Financial Balance	−185 000	−36 000	−206 000	−72 000
Dividends	0	2 000 000	1 500 000	0
Net Income	397 000	2 006 000	1 871 000	13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	392 000	306 000	327 000	0
Fixtures	239 000	289 000	415 000	787 000
Total Tangible Assets	631 000	595 000	742 000	787 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	631 000	595 000	742 000	787 000
Stock	4 378 000	2 871 000	2 307 000	2 280 000
Total Investments	0	0	0	0
Cash, Bank	1 095 000	1 867 000	1 413 000	725 000
Total Current Assets	5 792 000	6 113 000	4 173 000	3 580 000
Total Assets	6 424 000	6 708 000	4 915 000	4 367 000
Total Equity	1 327 000	930 000	923 000	552 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 250 000	13 000	22 000	1 838 000
Creditors	759 000	2 156 000	899 000	1 232 000
Unpaid Taxes	474 000	511 000	646 000	360 000
Dividends	0	2 000 000	1 500 000	0
Other Current Debt	498 000	524 000	399 000	386 000
Total Current Debt	1 847 000	5 765 000	3 969 000	1 978 000
Total Equity and Debt	6 424 000	6 708 000	4 915 000	4 367 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,92 %	215,7 %	202,71 %	2,36 %
Debt-to-Equity Ratio	2,45	0,01	0,02	3,33
Operating Profit Margin	3,69 %	12,66 %	12,38 %	0,59 %
Current Ratio	3,14	1,06	1,05	1,81
Quick Ratio	−2,29	2,11	2,51	−11,85
Equity Ratio	0,21	0,14	0,19	0,13
Gross Profit Margin	53,45 %	54,34 %	52,07 %	52,44 %